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New Mixed-Use Apartment Building
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5416 W Belmont Ave., Chicago, IL 60641

Newly constructed property combines commercial space with accessible residential apartments.

Property SizeContact for details
Days on Market142

Property Features for 5416 W Belmont Ave.

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 3 x 2BR ARO/ADA, 12 x 2BR/2BA
Multifamily Units 15

Amenities

private balconies

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Triton Realty Group LLC
Listed By: Matthew Fritzshall · License #IL 471.016941
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 10:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triton Realty Group LLC

Investment Insights

Based on property information with market context.

This newly constructed, three-story mixed-use building at 5416 W. Belmont Ave. in Chicago contains commercial and residential components. The ground floor includes three commercial spaces along with three ARO/ADA-accessible two-bedroom apartments. The upper floors add 12 two-bedroom, two-bathroom residences, creating 15 apartments in total.

Residential interiors feature quartz kitchen counters, soft-close cabinetry, stainless steel appliances, 30-inch gas ranges, microhoods, Lifeproof flooring, and dedicated closet space. Select apartments include private balconies. Surface parking is available, with access from the alley. The property is located in Chicago’s Belmont Cragin neighborhood, near dining, shopping, and recreational destinations.

Key Highlights

  • Three‑story mixed‑use building with three commercial spaces
  • 15 total apartments, including three ARO/ADA‑accessible units
  • 12 upper‑level apartments configured with two bedrooms and two bathrooms

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Garden Center Catering Service Nursing Home Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,807
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly constructed property combines commercial space with accessible residential apartments.
Where is this mixed-use property located?
The property is located at 5416 W Belmont Ave. Chicago, IL.
What are key features of this property?
This property features: Three‑story mixed‑use building with three commercial spaces; 15 total apartments, including three ARO/ADA‑accessible units; 12 upper‑level apartments configured with two bedrooms and two bathrooms
(312) 788-9379 Call to check price and availability
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